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technology. the country's committee of space technology said on monday a technical problem was found in the first stage of the three-stage rocket. north korea said earlier this month it would launch the rocket between december 10th and 22nd from the tongchang-ri launch site in the country's northwest. the south korean official told nhk satellite photos taken on monday show what appear to be people and vehicles moving around the launch site. the official says a missile on the launch pad remained covered. the activity on the ground suggests a possible technical problem is being fixed. north korea's last launch in april failed. its leadership promoted the event by saying the nation was honoring the instructions of late leader kim jong-il. details of the planned launch have not been reported inside the country. for more on this issue we turn to our security analyst, bonji ohara, a former navy captain with japan's maritime self-defense force. >> it's difficult to define specific problem in the launch. but it might be the simple mechanical trouble not structural problem because they said t
.o. is this. they basically buy american companies, strip them of technology and ship the jobs to china. case in point would be brantley helicopter. used to be in texas. 2009 china buys it. now all the production facilities are in jindao. this is the problem. the promise to keep the plant going. now a-123 is interesting. they have cutting edge technology which will be exported to china. that's the bigger issue. one company at a time, larry, is going over to china, helping to build their industrial base. and the other thing -- >> hang on a second. this is an important point. ann lee, i'd like to get something from this. okay? if the u.s. foreign investment advisory board okays the deal, fine. but they counterfeit our goods. the chinese have a lot to answer for. shouldn't we make a deal? we let them buy the company but we should make a deal and they should somehow stop all the pirating of our technology? >> i think the chinese government is already trying to crack down on counterfeiting and other things we have been pressuring them to do. it has to be case-by-case. this is a private company, no
around the world. second is technological revolution born in america to change the world to keep america dominant. fracking technology to make us more energy independent. bost first, immelt speaking as the ceo of g.e. china is doing a good job. they kick our butts for two decades. >> greg: why is that? >> dana: wait until they get collective bargaining. >> bob: they will. >> dana: right. >> bob: 1.3 billion. they make an economy work. you can't take away the economy. >> eric: i disagree. china is not kicking our butts in anything. if you start from zero, 1.3 people living in peasant tri for 100 years. they move up at 7%. we have the strongest economy, highest standard of living. best life expectancy. china would love to be us some day. not going to happen by 2030. >> eric: i can't believe you're so optimistic when barack obama as president. he only has four more years. >> bob: you don't think there is something to be said for china owning u.s. bonds >> eric: fix that. we should fix that. >> andrea: we have to keep borrowing more from china. >> bob: we're not borrowing. we have a trade im
. >> technology worst performing sector. many social media stocks of bucking that trend. yelp, facebook, zynga and groupon up 23%. dave: facebook pushing close to 30. a lot of people happy about that. michigan lawmakers passing right to work bills despite protests. a longtime supporter of right to work was, michigan state senator is here with the inside story behind the move that took a lot of folks by surprise. right to work in michigan, the home of the united autoworkers. the stakes are changing. we will talk to him coming the. >> oppenheimer fund economist brian leverett on the 60-40 portfolio. he says it will bring you profits beyond the fiscal cliff. dave: an exciting our coming up. we will tell you what drove the markets today with today's data download. of next week on wall street following better than expected november jobs report. the dow and s&p ending prior to eke out weekly gains, the nasdaq closed in the red ending down 1% a lot of that because of what happened to apple. financial and industrial for this week's top performing sectors while materials and technology lad a bit. the u
on how much. and the jury, samsung, used technology to build its smart phones and tablets. >>> the supreme court today meets again in private. to discuss same-sex marriage. justices are reviewing legal challenges to california's proposition eight that would legalize same-sex marriage. an announcement could come as soon as monday or tabled un,000 till next year. >>> flarz wigs will flay at hal staff across the nation to observe pearl are bar day, december 7, 1941, japanese forces launched a surprise attack on the u.s. naval base at pearl are bar in hawaii leaving more than 2,400 americans dead and drawing the u.s. into world war ii. then, president franklin roosevelt dubbed it off course, "the day which will live in infamy." the death toll is climbing in the philippines after a powerful typhoon washed away a string of villages. more than 400 people were killed and hundred of others they're still missing. the flooding was so widespread, two emergency shelters turned into death traps. >>> a new government climate report warns that flooding from future storms will likely get w
of tax breaks. they built something in north carolina that produced only 50 jobs. >> a lost technology -- a lot of these technology do these data centers. you don't need a lot of workers to monitor that. it's not like an auto factory. apple has gotten incentives all over. they got $40 million in texas recently and you know, the thing is that it's unclear that these technology companies in the long run are going to be a much better bet than the automakers were. i mean, there's a lot of communities that feel like they got kind of a raw deal with the car makers. >> greta: every time you give a deal to a company, it's revenue taxpayers have to come up with and they don't get the jobs. it ends up biting them anyway. great a story. >> thank you. >> >> greta: great discovery. thank you. knows snarky and yes, sometimes obnoxious comments on the internet could cost you. find out what woman wrote on line that got her sued. your favorite lawyers are here to talk about it. that's next. my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously
the energy crisis. and a few years, nearly five on my machine technologies that transform petroleum industry in the past five years, the horizontal tracking and other developments that have made it possible with a much smaller surface reached much larger tropes of fuel than in the past. the green energy sources that consumed the most valuable part of the global environment, which is the surface of the earth, air above all soils on the surface of the earth. you know, you have cells in windmills and biofuels and all of these systems waste what is important, which is the surface it ears, while ignoring the almost infinite tropes of energy below the surface of the earth that can be reached with a very small footprint of usable land. >> what is all true wisdom and how does that fit into the capitalist system? >> all true wisdom is an orientation towards the needs of others. i believe capitalism is intrinsically altruistic. that is to say that capitalism is based on making investment without any assurance that others will respond to god. capitalist investments only work if they respond imaginative
to appear as though we're ignoring the other multitude of factors that relate here. technology globalization. as you point out as the percentage of workers in unions has dissipated. only 7% are in unions in the work force the power of unions has withered and the negotiating power of workers has diminished compared to their employers capital and that, of course, has been reflected in wages. that's basic economics. >> it is also politics, eliot. because as the percentage of workers and unions have declined unions themselves have had less political clout to do things in washington to get things done on behalf of average working people. so, for example as globalization and technological change has affected the structure of the work force there's been no loud, organized force in washington that has said essentially no! we've got to have job retraining. we've got to have better education. we've got to have profit sharing. we have to have productivity sharing. we've got to have arrangements that while not counteracti
of that. they should try something new. they need to try new ideas with new technology and new concept as and new creative. at the same time these sort of things work. you brought up something very interesting. you mentioned michael jackson. you mentioned some others. there are real fears about this. this is called the michael effect. get michael bolton he became irrelevant. michael vick, as spokesman. he goters a. and michael jackson died. melissa: beyonce can do no harm. she is perfect. but at the same time -- >> you get her us had too. you get some jay-z. melissa: i love jay-z. i'm going to see jay-z on new year's eve. $50 million. how did they come up with the number? why 50 million? >> i'm guessing that's what her agents demand. about all what they will pay. no way to value it really. you're not worth but you're worth 47. let's face it. based on how much sugar water they sell, it is a rounding error. amount of money they giver her is irrelevant. if they get bump in sales they will be the great geniuss. if it doesn't do anything everybody will say they are doing same old thing. i t
systems, the battery maker, the canadian oil sands producer. they're looking for technology. and some of this technology has defense applications, like this battery maker. they're buying this stuff up. that is something we have to be concerned about and should stop. tracy: do you worry -- we had an election. there are new people leading. you worry that the new leaders will make this even worse? >> the leaders in china right now, the so-called conservatives, but in the chinese context that means hard-line anti reformers. they want to close up opportunities for foreigners. when you have these chinese enterprises going around the world buying assets, the opportunities for not only foreign companies but also a domestic, private entrepreneurs, the private people are being narrowed. that is real problem for china because it's an entire reform. tracy: the other thing is that currency manipulation and the fact that our best fishing does not place as much weight on this >> u.s. law requires treasury to designate a country occurrence manipulator if it manipulates its currency and thus to get tr
technology for long range ballistic missiles capable of hitting the u.s. talk about it with david albright, president of institute for science and international security. he is also a former weapons inspector and one of a handful of americans who has actually visited north korea. david, you say that north korea wants to be able to threaten the united states. why? >> well i think they see the united states as an enemy. so i would say that this, the launch does happen it is not to celebrate the anniversary of, or to mourn, whatever you want to say the death of kim jong-il last december. that they are doing this test to further their own national security interests and, one of those interests is to have a robust, i would argue, nuclear deterrent against the united states. now, i would also add that they are more than willing to negotiate about that. i don't think it's inevitable that north korea would have nuclear-tipped ballistic missiles aimed at the united states but i do think they intend to try to accomplish that and this launch is a step, probably an early step, in terms of the developi
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more about lyric's vanced technology, call or visit trylyric.com for a risk--free 30--day trialffer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. >> breaking news from the white house, here is administration's response to the jobs market. alan krueger, chairman of economic advisors says, look, today's report provides further evidence today's economy is going to heal and here is part of the white house response. it's critical that we continue the policies that are building an economy that works for the middle class as we dig our way out of the deep hole caused by the severe recession. okay, keep going. we want these policies, that's from the white house. tax increases coming next year. we've got two avoidance measures in the news, item one. 200 companies or more will pay dividends this year and that avoids the higher dividend tax next year. two, charities are seeing big increases in contributions now in case the deductions is limited next year. and joining us from the research group,
movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. ♪ ♪ >>> at times, i know it can feel like the entire world is stacked against you in this game. >> the house of pain. >> europe's in a nasty recession, united states could be on the verge, well, of returning to the great recession because our leaders can't rise above and agree on anything. and china's still struggling to get their act together and beat their own slowdown. although the communists seem to be doing a pretty good job of breathing new life into their economy. look at that market last night. when you take a global view, all right, things stagnant. but the
, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama made another foray outside washington today, trying to build public support for a fiscal cliff agreement. it came a day after he resumed talking with the top house republican, and as a year-end deadline moved even closer. the president took his public campaign for a deficit deal on his terms to the daimler diesel plant in redford michigan. >> if congress doesn't act soon meaning in the next few weeks, starting on january 1, everybody is going to see their income taxes go up. it's true. y'all don't like that? >> no! woodruff: instead, mr. obama again pressed for raising tax rates on the top two percent of incomes. >> and that's a principle i won't compromise
on the big board. three and a half billion shares traded. technology, the principal driver in the market. microsoft up on news it is upn production of its surface table, service tablet to better compete with appe, on a bullish report from merrill lynch about the growth of the smart phone and ipad markets. aig stock up on news the government sold the remaining common shares it holds. the sale means taxpayers realize the profit of $22 billion on the iginal bailout of 1,802,000,000,000. prices in the bond market down, pushing the yield on the treasury ten year to 165%. crude oil up. the price of a barrel of oil still under $86. the federal reserve and its today meeting on monetary policy and interest rates today. speculation is the central bank will announce the fed will continue to spend about $45 billion per month buying treasurys to keep interest rates low. egypt's government asking the international monetary fund to postpone the countries request for a almost $5 billion loan as thousands of protesters took to the streets in cairo again today in trrier scared to come to rear square. mask
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of a satellite. the west says it's not a satellite at all. just cover for testing missile technology. still ahead, remembering the glory days of america's manned space program. up first, though, remembering a day that will live in infamy. we will meet a man who sur viveed pearl harbor twice -- who survived pearl harbor twice. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 2
the vote efforts, his attempts technologically to track who is voting, my guess is that some of this misinformation from these sources filtered into him, just as dick morris had fraudulent -- not fraudulent, but completely erroneous polls, very suspect polls. who knows how many people like him, including him, were feeding voter information to the romney campaign. >> right. sort of an inch deep and a mile wide, that we've got all of these numbers that we can monetize for ourselves, but they don't really translate into real voter contacts and real persuasion and real activism. >> right. and for all we know a lot of them are just junk listings, you know, the way that magazines, again, back in prehistoric times, a magazine like the saturday evening post would have more subscribers than any other magazine. but they were going to dead letter boxes or going to people who were literally dead or to people who didn't read. but you can generate that stuff. and now when it infiltrates the political system, kit be devastating like everything else that was factually off the republicans thi
to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. i ♪ ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. ♪ ♪ >> neil: back in washington now, one of my favorite guests of all time. one thing i love about joe lieberman that he just brings integrity to the process, which is why he is leighing. he can't be bothered with this place anymore. outgoing senator of connecticut. >> thank you. >> neil: good to see you. >> thank you, neil. >> neil: given your reputation and respect that both parties hold for you many argue you will be the guy that helps bridge this gap. do you see that role? do you see anyone bridging this before the end of the year? >> i would love to play that role, but i got to tell you that right now, this is a to top-down hierarchal process. it's president and boehner. so the rest of ru russian us arg on sending messages by coming to your show. >> neil: the me
number experience. around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >> north korea says it has successfully launched a long range rocket. we will have more on that later. and more on michigan. i'm a little tired after double standard. republicans, they don't like women, war on women. a phony war on women. the race card is used against conservatives, against the tea party. we will put you back in chains. all of these charges that are false. every time you look at wisconsin, you look at michigan, you look at the occupy movement, you look at the g-8 summits,a of these things, it's the left and they are violent. >> yes. it's in their nature and you are part of it is encouraged by the double standard. you admit they are never held to account. whereas a republican, i m
. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things along pushing us along throughout this entire last six months. lori: absolutely. thank you so much, nicole petallides on the floor of the new york stock exchange. protests turn violent in lansing, michigan, as union protesters ripped down a tent belonging to right-to-work supporters. becoming the 24th right-to-work states today allowing workers to get the right to join unions. jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not
care issue. we talked about technology and data sharing. there are productivity, issues that are significant. >> i want to touch on some other hot-button topics we have not discussed as much. capital gains, dividends. current laws, they go back up. dividends treated as ordinary income. capital gains goes back up to 20%. how much revenue are we talking about? if those become bargaining chips, how much are we giving up? >> under current law, the capital gains rate is scheduled to go to 20%. we are actually talking 23.8%. dividends are scheduled to go to ordinary rates. you need the 3.8% for people who have higher incomes. significant increases in both are scheduled. as you think about the fiscal cliff and what is coming, one of the few places you can see people responding to it is in their behavior around capital gains and dividends. companies are moving up to how, shareholders take a vintage of a lower rate. i expect you will see more investors realize lower capital gains in order to get lower rates. there is clearly money there. there is clearly money that has interestin
for testing technology for missiles that could reach los angeles. north korea denies that, saying listen this isn't a rocket but a weather satellite we're putting into orbit. gordon chang is next. he is laughing a little bit. author of the coming collapse of china. he has written about north korea. what is going on there? >> north koreans want to launch and people focus on political issues, for instance this is the first anniversary of kim jong-un's rule because his dad died in the middle of december. i think it is because iran. iranians want a long-range missile. the north koreans have to test it to know it works and north koreans need the cash and iranians will not buy something that fails. jenna: that is interesting. since that time, iran says we're not in any sort of business with north korea. that's what they say. >> right. jenna: it is up to us to be skeptical to look into this. what makes you really believe the connection is being made? >> we know who is in another cree for iran. it is rep sentsd -- representatives of the industrial group. they are the people who at the end of las
. technology is constantly churning old jobs and turning them into new ones. but there's one bottom line we know, joe, and that's this. every good new job requires more education and more skill. the basis of the american middle class for the last 50 years, or the 50 years after world war ii was something called the high-wage middle-skilled job. but the relentless march of globalization and technology is really eliminating that. now there's only a high-wage, high-skilled job. and there's no answer other than certainly more education. i don't know what else we need. everyone's going to have to upgrade their skills. >> what does that mean for the future not only of unions but the future of the strong, vibrant middle class where people get living wages, they get health care, they get workplace safety. it seems like a bleak picture. >> i worry about this. there's no question about it, joe. i can just tell you, you think about a columnist for "the new york times," very easy for you to say. what do you care? how has my job changed? i just came from a long trip, russia, syria, israel, egypt. here's
in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> greta: a california teachers union produces a shocking video. a 60 seconds. ainsley has the headlines. the senate passed a sweeping defense bill but far from a done deal. the $631 billion measure calls for a speedy withdrawal of u.s. forces from afghanistan, tighter sanctions on iran and money for military equipment and personnel. the obama administration has threatened to veto the measure saying it would limit the president a's thoroug
don't even know what this is. bank, speculative energy play, real technology company. man, you know what you need here, you need like bristol-myers or something like that. and certainly like let's put an industrial in there, how about honeywell? dave cote's doing a great job. that would spruce up this portfolio. do we have like -- are we r-rated? do we have like -- i think we're probably okay. i don't want the hollywood sensors to crack down on me. let's go to dave in wisconsin. dave? >> hey, big wisconsin boo-yah to ya. home of the harley davidson. >> yeah. >> caller: gis, general mills, proctor gamble, pg, kellogg's, k, ibm, ibm, jpmorgan, jpm. >> i do have a harley in my garage it's a great-looking machine and i'm proud of having it. kellogg's, i think that is -- battle creek, michigan, terrific food company, jpmorgan, good bank, general mills, well, wait a second, we've got two of a kind. that's a match game one. i'll come back to that. procter, my charitable trust bought today. ibm, also charitable trust. we're going to keep kellogg, we're going to -- oh, boy, penpal's going to
air technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >> first the wisconsin state capitol, now michigan. hundreds protesting against michigan coming a right to work state. today republican governor rick snyder and gop leaders saying they will push to right to work legislation. and tonight both the michigan house and cincinnati passing the measure. we spoke with.gov nor snyder about the erupting fight. >> nice to see you, sir. >> good to be with you. >> you've had an interesting day at the state capitol. you've had arrests and protests and pepper spray, the police locked protesters out and about an hour later the union got an injunction to open the doors. so what provoked all this today? >> well, if you look at it, it's really about freedom to choose. it's about being pro worker and stepping
. i understand there are agreements. are you looking at technology that will be used of the passenger rail system so we can achieve the highest possible? >> absolutely. this is defined as 110 miles per hour. >> do think that is a bad definition? >> that is a pretty fast train. look. i been on trains to spain and other countries and china the code to under 53 miles an hour -- tour de miles an hour -- 253 miles an hour. california where you are building new infrastructure, and do it at 2 under miles an hour. that is what we're going to do. in illinois the best we can do is 110 miles per hour. would we like to go to hundred? of course we would. it is not possible. >> it is a standard we can live with. >> that is right. there has been some criticism as well that the money that has not been spent yet, if you think it has been reasonable to has been the amount of money without developing the plan and making obligations for the studies that are required? is not ok to have obligated the money and still ask for more because we can obligate more ?hat's >> of the past four years we have not seen
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is a couple things. one, i do think infrastructure matters, and republicans were weak there on the technology side. that's one. issues matter. they lost the battle of ideas in this one. the demographics matter. you can't lose 90% of african-americans, 50% of asians, 40% of hispanics and win a national election. that doesn't mean that republicans can't win a national election. they have to figure out a way to calibrate. it goes to your point at the beginning of the show. where do they win elections? spend issing a good issue for republicans. why do they win a record number of state legislative seats in 2010? why did they win back the house? because they focused on spending. not on silly issues. they focused on spenting. the american people -- we had a poll that came out monday. they want spending cuts as part of this deal. they don't like the size of government no matter what democrats want to think. >> they also -- they also have to back off -- >> they're much more open to cutting programs. >> they to figure out their social agenda too. they to figure out where they stand on women's health an
the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of our 400 sleep number stores nationwide. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >>> want to bring some new details to you about that shooting in oregon, just outside of portland, in a suburb at a mall there. you can see the emergency vehicles on the scene. there is an active shooting that's under way right now at the mall. we're learning a little bit more about the potential for victims here. the american medical response in that community has said that one victim has already been transported to the hospital, that ten ambulances are there and more are coming. at least two more ambulances are on the way as we speak. not only that, but the county medical examiner's office has been calle
their policies. this starts with a much wider embrace of agriculture technology, including genetically modified techniques. the risks of climate change intensify this imperative. even as we deal with potential resource constraints, our country remains vulnerability to -- remains vulnerable to terrorism and assymetric warfare. access to the internet and social media has deeply altered international politics. in most cases for the better, but it's also contributed to instability, to sudden upheavals, like the arab spring. it's allowed destructive terrorist movements like al qaeda to franchise themselves. it's intensified risks of cyber attacks, espionage and the proliferation of weapons of mass destruction. the potential catastrophe remains of a major terrorist attack on america and employing weapons of mass destruction. and if that happens, in addition to the lives lost, our expectations for economic growth and budget balancing could be set back by even a decade or more. having devoted considerable time to this problem, my experience is that there are no silver bullets. protecting the united sta
, a more realistic look that will be tested in some theaters. but while jackson pushes technology, he doesn't forget his predecessors. and look closely, he's holding the structure of the model used in the original "king kong". >> this is one of the most precious things that i own. because the motion capture stage we have is just through the doors there, i wanted to make sure that everyone that comes into the stage is reminded of how animation began. the connection between me and that 9-year-old boy watching this movie in black and white on tv for the very first time, that connection is so close. >> reporter: maybe it's the boy in him, but he also owns the car from the film "chitty chitty bang bang." but none of that compares to what he has in his own back yard. >> they get smashed up and taken to the dump. fran and i are sentimentally attached. we asked, can we keep the set? and they said, yes. so we dug a whole in a hill and put it into the hill and covered it over with dirt. and it's our sort of guesthouse now. elijah woodard's stayed there. >> reporter: there's a big, round green door. >
technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less. with the small but powerful picker upper, bounty select-a-size. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> so, a new poll out finds small business owners expect to have fewer jobs next year than anytime since the recession began. how much is that is due to the looming fiscal cliff. joining me now is congresswoman judy, chair of the congress gregsal asian pacific caucus. it's great to have you here. we have been talking about the larger effects of this and the taxation issue and what will happen to the wealthiest of americans. how will going over
-spieled rail to marvel at our engineering and technological prowess. this is not just about transportation, but about changing the revitalization along the cities and routes. in conclusion, it's clear that i support the high-speed rail in california. the federal program will help make it possible. what we need now is vision, what we need now is leadership, what we need now is a belief that the people of california and this country want us to invest in this type of transportation option. thank you, mr. chairman. i yield back my time. >> thank you. i thank you both the members for joining us, and you're welcome now to join us be you'd like and stay for questions. we'll excuse you at this time as we bring secretary lahood up who's our next witness. our second panel, because this is the secretary of transportation, former member of this panel, distinguished secretary of transportation who we've had a chance to work with, appreciate his cooperation and efforts and also delighted to have him here on the anniversary of his birth. welcome, secretary lahood, and you're recognized. >> be mr. chairma
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